AgDay Daily Recap - December 19, 2017

December 19, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
DECEMBER 19, 2017


HEADLINES
THE PRESIDENT OUTLINES HIS NATIONAL SECURITY STRATEGY AND IT'S  INFLUENCE ON TRADE. IN AGRIBUSINESS...SOUTH AMERICAN WEATHER AND SOYBEAN PRICES. OUR DAIRY REPORT LOOKS AT THE LATEST MILK PRICE FORECASTS FROM USDA. AND KEEPING KIDS HEALTHY IN UNDERSERVED COMMUNITIES.  AGDAY - PRESENTED BY CHEVY SILVERADO. HIGH-STRENGTH STEEL FOR HIGH-STRENGTH DEPENDABILITY.

TRUMP AND CHINA
GOOD MORNING I'M CLINTON GRIFFITHS.  PRESIDENT TRUMP'S TOUGH STANCE  ON TRADE DEALS IS BECOMING MORE EVIDENT THIS MORNING AS THE WHITE  HOUSE UNVEIL'S THE PRESIDENT'S NATIONAL SECURITY STRATEGY.  DOMESTIC  ECONOMIC AND TRADE POLICIES ARE AT THE VERY CORE OF THAT PRESIDENT'S  SECURITY PLAN. THE NATIONAL SECURITY STRATEGY IS MANDATED BY CONGRESS TO EXPLAIN   THE PRESIDENT'S VISION OF NATIONAL SECURITY AND WHAT HE WILL DO TO PUT  IT INTO PRACTICE. PRESIDENT TRUMP'S STRATEGY HAS FOUR PILLARS WHICH INCLUDES PROTECT  THE HOMELAND, ITS CITIZENS, AND THE AMERICAN WAY OF LIFE. PROMOTE AMERICAN PROSPERITY... PRESERVE PEACE THROUGH  STRENGTH...AND ADVANCE AMERICAN INFLUENCE. AND ACCORDING TO THE PRESIDENT - IT'S THAT FOURTH THEME OF ADVANCING  AMERICAN INFLUENCE WHICH INCLUDES NEGOTIATING FAIR TRADE DEALS WITH  OTHER COUNTRIES. "IT CALLS FOR TRADE BASED ON THE PRINCIPLES OF FAIRNESS AND RECIPROCITY. CALLS FOR FIRM ACTION  AGAINST UNFAIR TRADE PRACTICES AND INTELLECTUAL PROPERTY THEFT AND IT CALLS FOR NEW STEPS TO  PROTECT OUR NATIONAL SECURITY INDUSTRIAL AND INNOVATION BASE. "THE PRESIDENT PUTTING EMPHASIS ON CONFRONTING UN-FAIR TRADE  PRACTICES. HE'S ESPECIALLY CRITICAL OF CHINA AND RUSSIA FOR TRYING TO  UNDERMINE U-S SECURITY AND PROSPERITY THROUGH THE CYBER-SPHERE. ADMINISTRATION LEADERS CONTINUING TO TOUT A SURGING U.S. ECONOMY.

GDP 4TH QUARTER
THE NEW YORK FEDERAL RESERVE RAISING IT'S LATEST ESTIMATE OF U.S.  FOURTH QUARTER G-D-P. THE BANK EDGING THE ECONOMIC BENCH MARK TO 3 POINT 9-8 PERCENT...JUST  A TICK SHY OF 4 PERCENT GROWTH. GDP HASN'T TOPPED 4 PERCENT SINCE THE THIRD QUARTER OF 2014. ON THE AGRICULTURAL SIDE, THE FARM CREDIT ADMINISTRATION RELEASING A  QUARTERLY REPORT ON FINANCIAL CONDITIONS. 

FARM CREDIT
USDA FORECASTING A RISE OF FARM INCOME FROM FROM 93.3 BILLION IN 2016  TO 96.9 BILLION IN 2017 - DUE TO DIVERSIFICATION IN LIVESTOCK AND HIGHER  CASH RECEIPT BECAUSE OF IT.  HOWEVER, THE FORECAST IS MUCH DIFFERENT FOR GRAIN FARMERS - WHO ARE  EXPECTED TO SEE LOWER CASH RECEIPTS FOR MOST CROPS. DESPITE A GROWING CATTLE HERD, SOME ANALYSTS SAY PRODUCERS WON'T  FEEL THE PRICE PINCH AT THE BEGINNING OF NEXT YEAR.  " FIRST QUARTER, I'M THINKING PRICES BACK TO THAT 120 OR 125 LEVEL. I'M REALLY STILL PRETTY  OPTIMISTIC FOR A SPRING HIGH NEXT YEAR, SOMETHING IN THE 130 OR 135 LEVEL FOR A SPRING HIGH."CLOSE SAYS HE EXPECTS A PRICE DIP FOR CATTLE NEXT FALL POTENTIALLY DUE  TO HEAVIER WEIGHTS AND A CAPACITY SURGE AT THE SLAUGHTER HOUSE.  NOW THE REPORT ALSO RAISES CONCERNS ABOUT IF FARMERS HAVE ENOUGH  LIQUIDITY TO COVER FARM EXPENSES AND PAY LOANS. 

TAX REFORM, WILDFIRE NATURAL DISASTERS
THE TAX  REFORM VOTE COULD COME AS EARLY AS TODAY. AND IT APPEARS  SUPPORT IS IN PLACE WHICH IS ESPECIALLY CRITICAL ON THE SENATE SIDE. FARM JOURNAL WASHINGTON CORRESPONDENT JIM WIESEMEYER SAYS THE  VOTE IS ON THE HOUSE SCHEDULE FOR TODAY. AND THE MEASURE COULD BE VOTED-ON AS EARLY AS TODAY ON THE SENATE SIDE. ARIZONA SENATOR JOHN MCCAIN WILL MISS THE VOTE AS HE RETURNS  HOME FOR CANCER TREATMENT. ONE PROVISION OF THE NEW PLAN DRAWING SHARP CRITICISM, HOWEVER, IS  THE DEDUCTION FOR PERSONAL LOSSES FROM NATURAL DISASTERS SUCH AS  WILDFIRES. ACCORDING TO OUR REPORTING PARTNERS FROM DROVERS, THAT DEDUCTION  WOULD BE ELIMINATED UNLESS THE EVENT IS A FEDERALLY-DECLARED  DISASTER.. CURRENTLY, UNINSURED LOSSES TO DISASTERS SUCH AS WILDFIRE,  TORNADOES, EARTHQUAKES ARE DEDUCTIBLE WHEN THE LOSS AMOUNT  EXCEEDS 10% OF ADJUSTED GROSS INCOME. HURRICANES HARVEY AND IRMA HAVE SUCH DESIGNATION.  BUT THE WILDFIRES  LAST MARCH THAT HIT THE CENTRAL P;LAINS DID NOT RECEIVE THAT FEDERAL  DESIGNATION. SO FARMERS AND RANCHERS IN THOSE STATES CAN NOT USE THE  PERSONAL-LOSS DEDUCTION.

BAYER, MONSANTO AND EUROPEAN COMMISSION
BAYER'S PLANNED TAKEOVER OF MONSANTO GETTING ANOTHER HURDLE. THE EUROPEAN COMMISSION ISSUING A FORMAL OBJECTION TO THE 66 BILLION  DOLLAR BID. THIS COMES FROM POLITICO. THE REPORT SUGGESTING THE DEAL COULD BE BLOCKED UNLESS MORE  SIGNIFICANT CONCESSIONS ARE MADE. THE COMMISSION, HAS UNTIL MARCH 5 TO REACH A FINAL DECISION. IT CAN BLOCK MERGERS OR DEMAND DIVESTMENTS BY THE COMPANIES.  BAYER HAS ALREADY ANNOUNCED SEVERAL DIVESTMENTS INCLUDING SELLING  IT'S LIBERTY LINK BUSINESS IN ORDER APPEASE REGULATORS.

POLAR BEARS AT THE AIRPORT
MANY AIRPORTS HAVE PROBLEMS DEALING WITH BIRD STRIKES BUT THE ONE IN  AMERICA'S FARTHEST NORTH COMMUNITY IS HAVING ISSUES LATELY WITH  MARINE MAMMALS.  TWO POLAR BEARS FOUND THEIR WAY ONTO A RUNWAY AT <OOT-GAR-VICK>  UTQIAGVIK AIRPORT. THE TOWN IS FORMERLY KNOWN AS BARROW.. THEY RAN-OFF WHEN THEY SAW A RUNWAY INSPECTORS TRUCK AND LIGHTS. IN OCTOBER A BEARDED SEAL WANDERED ONTO THE RUNWAY. APPARENTLY AIRPORT PERSONNELL ARE NOT AUTHORIZED TO HAZE OR CHASE  THE PROTECTED MARINE MAMMALS.

CROP COMMENTS
MIKE HOFFMAN IS OUT TODAY. BUT CINDI CLAWSON IS KEEPING AN EYE ON FARM  COUNTRY FOR US AND JOINS US WITH TODAY'S CROP COMMENTS. CINDI. GOOD MORNING, CLINTON.  HERE'S SOMETHING YOU DON'T SEE ON EVERY FARM - BRYAN ANDERSON SENDING US A PICTURE OF AMISH CORN PICKING IN WESTERN  MINNESOTA.  YOU CAN SEE THEY USE HORSES AND IRON WHEELS ON THEIR MACHINERY FOR  HARVEST.  AND GET A LOOK AT THIS SUNRISE!  JAMES LIEB IN MORSE, TEXAS SENDING US THIS PICTURE.  A VIEW LIKE THIS BEATS COLDER WEATHER AHEAD.  AND NOW HERE ARE SOME HOMETOWN TEMPS.  FARM JOURNAL ON AIR IS THE GO-TO APP FOR AMERICAN AGRICULTURE.  AGDAY, AGRITALK, U.S.  FARM REPORT AND MORE - 24/7 ACCESS TO ALL OF YOUR FAVORITE SHOWS. TV AND RADIO...IN YOUR  HANDS, ON DEMAND.  FARM JOURNAL ON AIR - DOWNLOAD THE APP TODAY. 

TEASE
WHEN WE COME BACK WE'LL DISCUSS SOYBEAN MARKETS AND THE IMPACT OF  WEATHER IN SOUTH AMERICA. PLUS HELPING KIDS FROM IMPOVERISHED AREAS OF THE COUNTRY IMPROVE  THEIR BODIES AND MINDS. AGDAY - BROUGHT TO YOU BY THE ENLIST WEED CONTROL SYSTEM.  MORE WEED CONTROL.  LESS  DRIFT AND VOLATILITY.  MAXIMUM YIELD POTENTIAL.  RECEIVE A FREE TRIAL OF THE DAILY GRAIN PLAN NEWS LETTER FROM ROACH AG MARKETING.  TEXT  ROACH TO 31313.  START YOUR SUBSCRIPTION BY TEXTING ROACH TO 31313.  )

FLOOR OF THE CME
IN MARKETS MONDAY, TRADERS WORKING TO POSITION THEMSELVES AHEAD OF  THE FINAL DAYS OF 2017. LETS SEE HOW THINGS CLOSED FROM THE FLOOR OF THE CME IN CHICAGO. TODAY IN SOYBEANS THEY FELL THE RAIN IN ARGENTINA REALLY BROUGHT IN THE SELLING IMPRESS THIS  MARKET LOWER THE MARKET REALLY BROKE BELOW THE JANUARY 1967 SUPPORT LEVEL. AND WE BROKE  ALL THE WAY DOWN TO NINE FIFTY SEVEN. IT REALLY BROUGHT IN A NEW WAVE OF SELLING. I THINK THAT THE  EXTRA WE CAN EXPECT MORE VOLATILITY AS WE MOVE TOWARDS THE END OF THE YEAR. EACH DAY THE  VOLUMES A LITTLE BIT LOWER BUT YOU CAN SEE THAT THE LIQUIDATION CAME AFTER THAT USDA REPORT  BACK ON DECEMBER 12. AND IT DIDN'T LOOK BACK ONCE THE MARKET BROKE UNDER THAT SUPPORT  LEVEL. IT REALLY PUSHED IT LOWER. WHEAT WAS ALSO ON THE RISE TODAY WHICH WAS KIND OF  INTERESTING. THERE'S A LITTLE SHORT TERM BULLISH LIKE KIND OF RECOVERY PATTERN RIGHT NOW. IT'S BEEN  UP FOR THE FOURTH DAY IN A ROW AND YOU KNOW IT WAS REALLY SUFFERING FROM AN OVERSOLD SITUATION.  I KNOW THAT THERE'S BEEN SOME CONCERNS ABOUT SOME DRYNESS AND SOME OF THE WHEATBELT  AREAS. BUT OVERALL THE THE WORLD WHEAT STOCKS ARE REALLY HUGE AND THE US HAS BEEN IT'S BEEN  VERY DIFFICULT TO BE COMPETITIVE AROUND THE WORLD. THAT'S OFTEN THE FLOOR AT THE CME GROUP  HERE IN CHICAGO. I'M VIRGINIA MACGATHEY.

AGRIBUSINESS
HERE AT THE AGRIBUSINESS TODAY WE HAVE ELAINE KUB AUTHOR MASTERING THE GRAIN MARKETS  ELAINE AS WE TALK ABOUT SOYBEANS. ALL I'VE HEARD FROM FOLKS OVER THE LAST FEW WEEKS IS WATCH  ARGENTINA WATCH ARGENTINA WATCH ARGENTINA. WHAT DO YOU SEE BIGGER PICTURE BEYOND SOUTH  AMERICAN WEATHER. YEAH THIS IS THE TIME OF THE YEAR WHEN THIS SHOULD BE A WEATHER MARKET  AND THAT SHOULD BE WHAT'S DRIVING THE DAY TO DAY PRICES. BUT IN FACT I THINK THERE'S SOME MORE  SUBTLE THINGS GOING ON IN SOUTH AMERICA NOT WEATHER BUT JUST GOVERNMENT STABILITY. SO BRAZIL  FOR INSTANCE SHOULD BE DOING SOME PENSION REFORM BUT DAY TO DAY AS THE PROSPECTS FOR THAT  COME AND GO WE SEE THE BRAZILIAN CURRENCY HAVE A LOT OF VOLATILITY LATELY AND THAT DAY TO DAY  DRIVES THE DIRECTION OF THE SLAVE MARKETS THAT WE'VE BEEN SEEING AND THAT CURRENCY FELL AT THE  END OF THIS PAST WEEK TO LESS THAN 30 CENTS. SO WE DID SEE SOYBEANS SLIDE LOWER AND LOWER.  INTERESTING INTERESTING BEYOND THAT. ARE THERE ANY OTHER MARKETS THAT PLAY IN THE SAME KIND OF  OIL CATEGORY AS SOYBEANS THAT COULD BE INFLUENCING. YES ABSOLUTELY AND ESPECIALLY IN A LA  NINA YEAR THERE SHOULD BE VERY STRONG CORRELATION BETWEEN THE PROSPECTS FOR PALM OIL GLOBAL  EDIBLE OILS LED BY PALM OIL WHICH HAS BEEN SKYDIVING LIKE JUST JUST ROCKETING LOWER 16 PERCENT  SINCE THE BEGINNING OF NOVEMBER. SO THAT IS ABSOLUTELY WEIGHING ON OUR SOYBEAN FUTURES  PRICES. OK. SO AS WE TURN THE CORNER INTO A NEW YEAR INTO 2018. ARE THERE MARKET INDICATORS  YOU'RE WATCHING FOR AS WE MOVE SOYBEANS INTO JANUARY. OBVIOUSLY WEATHER IS GOING TO BE A  KEY. ABSOLUTELY SOUTH AMERICAN WEATHER. THIS IS THE TIME OF THE YEAR WHEN WE SHOULD BE  WATCHING THAT AND ALL OF THE PROSPECTS FOR LA NIÑA. WE'LL KEEP THAT STORY IN PLAY IF YOU CAN GET  THAT EDIBLE OILS TO STABILIZE THOSE PRICES TO STABILIZE. IF YOU COULD GET THE BRAZILIAN GOVERNMENT  TO STABILIZE THEN I THINK WE ABSOLUTELY WOULD HAVE A POTENTIAL FOR SOYBEANS TO TRADE THEIR OWN  STORY AND HOPEFULLY MOVE A LITTLE HIGHER. ALL RIGHT WELL IT IS AN INTERESTING STORY TO WATCH AND I  APPRECIATE YOU BEING HERE AND FILLING US IN. WE'LL BE BACK WITH MORE IN JUST A MINUTE.  AGDAY - BROUGHT TO YOU BY LIBERTY HERBICIDE, THE SIMPLY BETTER SOLUTION FOR SUPERIOR WEED  CONTROL AND A STRONGER YIELD. 

WEATHER
WELCOME BACK TO AGDAY. HERE WITH CINDI CLAWSON LOOKING AT THE WEATHER MAP FOR THIS  WEEK. AS FOLKS GET READY TO HEAD OUT ON CHRISTMAS VACATION OF COURSE IT DEPENDS ON WHERE  YOU'RE TRAVELING AND WHAT DAY. BUT THERE IS SOME STUFF ON THE MENU. YEAH WE HAVE THREE  MAIN AREAS THAT WE'RE REALLY WATCHING KIND OF THE NORTHEAST THE NORTHWEST AND THE SOUTH  CENTRAL UNITED STATES. LET'S TAKE A LOOK AT THE MAP AND YOU CAN SEE THAT WE HAVE THREE MAIN SYSTEMS THAT ARE GOING ON WE'VE GOT A FRONT THAT'S MOVING THROUGH THE GREAT LAKES THAT'S  GOING TO BE AFFECTING THE NORTHEASTERN PART OF THE COUNTRY. A SYSTEM THAT'S GOING TO BE COMING  UP FROM NORTHEASTERN MEXICO. THAT'S GOING TO BE A BIG RAIN PRODUCER FOR PARTS OF THE CENTRAL  GULF COAST STATES. AND WE'RE GOING TO SEE SOME RAIN AND HIGHER ELEVATION SNOW IN THE  NORTHWEST. LET'S PUT THIS INTO MOTION AND YOU'LL SEE THOSE MAIN THREE AREAS ESPECIALLY THIS  ONE IN THE SOUTHERN PLAINS AND INTO THE CENTRAL GULF COAST STATES THAT'S GOING TO BE BRINGING  SOME HEAVY RAIN TO SPOTS EVEN SOME THUNDER AS WELL. AGAIN RAIN AND UPPER ELEVATION SNOW  IN THE NORTHWEST MAY GET OUT OF THE WAY SO YOU CAN SEE EVERYTHING BECAUSE IT'S KIND OF A  BUSY MAP THERE. BUT AGAIN THE TWO HEAVIER PRECIPITATION MAKERS ARE THE ONE IN THE SOUTHEAST  AND THE ONE IN THE NORTHWEST AS WELL. THIS IS WEDNESDAY MORNING. IF YOU ARE IN THE  TENNESSEE OHIO VALLEY YOU'RE GOING TO BE STARTING TO SEE SOME OF THAT RAIN MOVING YOUR WAY  HEADING ON OVER TO PARTS OF THE MID-ATLANTIC AND INTO THE SOUTHEAST. THIS LOW PRESSURE  SYSTEM STARTS TO SETTLE INTO THE CENTRAL PLAINS SO WE'RE GOING TO BE LOOKING AT SOME SNOW FOR  PARTS OF THE NORTHERN PLAINS UPPER MIDWEST AND INTO THE INTERMOUNTAIN WEST. NOW LET'S TAKE A  LOOK AT HOW THINGS ARE SHAPING UP PRECIPITATION WISE YOU COULD SEE WE ARE LOOKING AT SOME  PRETTY DECENT RAIN FOR PARTS OF EASTERN TEXAS INTO ARKANSAS PARTS OF LOUISIANA AND INTO  MISSISSIPPI AS WELL AND THEN ALSO ALL THE WAY OVER TO THE EAST COAST. THAT'S GOING TO BE RAIN  AND SNOW IN THE NORTHWEST AND WE'RE GOING TO BE SEEING SOME FAIRLY DECENT AMOUNTS RAIN NOT  QUITE SO HEAVY IN THE NORTHEAST AND SOME OF THAT WILL BE IN THE FORM OF SNOW AS WELL. HERE'S  YOUR SNOWFALL ESTIMATE IT'S BEEN HEAVY ALREADY IN PARTS OF THE NORTHWEST AND WE'RE JUST GOING  TO BE ADDING TO THAT SO WE'RE GOING TO BE LOOKING AT MULTIPLE INCHES OF SNOW ESPECIALLY IN  THOSE HIGHER ELEVATIONS IN THE NORTHWEST AND WE WILL SEE SOME SOME LIGHTER SNOW BUT IN  SOME SPOTS IT COULD BE PILING UP IN THE FAR NORTHEASTERN UNITED STATES TAKING A LOOK AT  TEMPERATURES WELL WE'VE BEEN ON THE WARM SIDE FOR THE PAST COUPLE OF DAYS WITH ZONAL FLOW  AND THAT JETSTREAM. WE'RE GOING TO CONTINUE TO SEE 40S AND 50S AND MUCH OF THE NATION'S  MIDSECTION 60S AND 70S MOST AREAS DOWN SOUTH INTO THE OVERNIGHT HOURS WE GO. IT IS GOING TO  BE A LITTLE BIT ON THE CHILLY SIDE AS IT GET DOWN INTO NORTHERN TEXAS. A LOT OF 50S AND 60S IN THE  SOUTHEAST STARTING TO SEE SOME TEENS AND 20S IN THE NORTHERN TIER OF STATES AND THEN YOUR  HIGHS FOR TOMORROW ARE GOING TO BE SEEING A LOT OF 50S AND 60S. BUT GENERALLY SIMILAR  CONDITIONS AS FAR AS TEMPERATURES ARE CONCERNED AS WE HEAD INTO TOMORROW. THAT'S A LOOK AT  YOUR NATIONAL FORECAST. NOW LET'S CHECK OUT THE WEATHER WHERE YOU LIVE. CHESTER MONTANA  BREEZY TODAY WITH SNOW LIKELY IN A HIGH OF 29 DEGREES. WARREN ARKANSAS RAIN IS LIKELY FOR YOU  MAYBE SOME THUNDERSTORMS AS WELL. A HIGH OF SIXTY SIX DEGREES AND PERRY FLORIDA MOSTLY  CLOUDY. LOOK FOR SOME FOG IN THE MORNING. 

CHRISTMAS TREE SHORTAGE
THERE'S A NATIONAL CHRISTMAS TREE SHORTAGE - AND IT MAY BE DUE TO THE  RECESSION. NPR SAYS THAT'S BECAUSE A DECADE AGO DURING THE START OF THE  RECESSION CHRISTMAS TREE GROWERS CHOSE TO PLANT FEWER TREES FOR A  MYRIDAD OF REASONS. THOSE TREES WOULD JUST NOW BE COMING TO MARKET.   THE PRICE OF A CHRISTMAS TREE HAS DOUBLED SINCE 2008. THE NATIONAL  CHRISTMAS TREE ASSOCIATION SAYS THE AVERAGE RETAIL VALUE FOR A FRESH- CUT TREE WAS NEARLY 75 DOLLARS IN 2016. BUT THE WYA I UNDERSTAND IT I TALKED TO WEST COAST GROWERS DURING 2008--THE FINANCIAL  CRISIS HAPPENED AND PEOPLE QUIT PLANTING THIS YEAR SHOWING UP. I WOULD SAY IT SHOULD BE SHORT FOR THE NEXT FEW YEARS.SILENT NIGHT EVERGREEN TREE FARMS IN ENDEAVOR WISCONSIN SAYS THEY  TYPICALLY SHIP MOSTLY IN THE MIDWEST. THIS YEAR THEY'VE SENT TREES OVER THE ROCKIES TO COLORADO BECAUSE OF  SHORT SUPPLIES. WE'LL LEARN MORE ABOUT THE SILENT NIGHT FARM AND AN HONOR THEY  RECEIVED THIS SEASON NEXT MONDAY ON OUR CHRISTMAS IN THE COUNTRY  SPECIAL. JOIN ME AND TYNE MORGAN AS WE TRAVEL THE COUNTRYSIDE TO CELEBRATE  THE SEASON OF GIVING. FROM CLASSIC DECORATIONS AT ONE OF THE NATION'S OLDEST TOWNS TO  TEAMING UP WITH RUDOLF'S COUSIN'S AT THIS REINDEER RANCH IN NORTH  DAKOTA--IT'S A SHOW THE ENTIRE FAMILY CAN ENJOY. JOIN US CHRISTMAS MORNING -- FOR CHRISTMAS IN THE COUNTRY.

TEASE
TODAY ON THE SHOW, OUR DAIRY REPORT IS NEXT INCLUDING THE LATEST USDA  FORECAST FOR MILK PRICES IN 2018. WHEN BUDGETS ARE TIGHT, PHYSICAL EDUCATION OFTEN FEELS THE  TIGHTENING PURSE STRINGS. WE'LL SEE SOME CREATIVE WAYS AROUND THAT SHORTAGE, LATER ON AGDAY. AGDAY - BROUGHT TO YOU BY TOP THIRD AG MARKETING.  FARMER-FIRST, WITH A PLAN FOR EVERY  MARKET.

DAIRY REPORT
IN THE DAIRY REPORT, THE INDUSTRY CONTINUES TO FACE HEADWINDS AS 2017  COMES TO A CLOSE. THE DECEMBER SUPPLY DEMAND REPORT FROM USDA NOT GIVING MUCH GOOD  NEWS FOR 2018 EITHER. USDA REVISING CLASS 3 AND CLASS 4 PRICE FORECASTS DOWNWARD IN THE  NEW YEAR. ECONOMISTS SAY CONTINUED PRESSURE FROM LARGE STOCKS AND LOWER  THAN EXPECTED DEMAND IS BEHIND THE DROP. IT'S ALL-MILK PRICE FOR 2018 WAS LOWERED TO BETWEEN $16-65 AND $17-45  PER HUNDRED WEIGHT.  AS FAR AS GOOD NEWS GOES, THE AGENCY DID LOWER IT'S PRODUCTION  FORECAST IN 2018 ON SLOWER GROWTH IN MILK PER COW AND SLOWING HERD  GROWTH. AG SECRETARY SONNY PERDUE ANNOUNCING USDA IS WITHDRAWING FROM A   CONTROVERSIAL PROPOSED   ORGANIC RULE.  THE ORGANIC LIVESTOCK AND POULTRY PRACTICES RULE WOULD HAVE ADDED  PROVISIONS TO LIVESTOCK CARE, HANDLING AND TRANSPORT TO SLAUGHTER.  SOME LIVESTOCK GROUPS SUCH AS THE NATIONAL PORK PRODUCERS COUNCIL  APPLAUDING THE NIX - SAYING "STANDARDS WERE NOT BASED ON SCIENCE."  NPPC ALSO SAYING NEW RULES WOULD HAVE ADDED TO THE ORGANIC  CERTIFICATION PROCESS, CREATING CHALLENGES TO NEW AND EXISTING  ORGANIC PRODUCERS.  USDA CLAIMS THE PROPOSED REGULATION  WOULD HAVE EXCEEDED THE AGENCY'S AUTHORITY. THE ANNOUNCEMENT IS EXPECTED TO COME WITH A PUBLIC COMMENT PERIOD. 

TEASE
COMING UP, A PROGRAM THAT'S GAINING NATIONWIDE MOMENTUM IS HELPING  STUDENTS IN UNDERSERVED COMMUNITIES STRENGTHEN THEIR BODIES AND  THEIR MINDS. 

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA.  DISCOVER THE POWER BEHIND THE M6 SERIES AT  KUBOTA.COM. ONE IN FIVE SCHOOL-AGED CHILDREN ARE NOW CONSIDERED OBESE.  AND MANY  COMMUNITIES - LARGE AND SMALL - SIMPLY DON'T HAVE THE RESOURCES TO  EFFECTIVELY COMBAT THIS MAJOR PUBLIC HEALTH CRISIS. AND IN UNDER-SERVED COMMUNITIES, SCHOOL PHYSICAL EDUCATION BUDGETS  CONTINUE TO BE CUT. BUT THERE IS A PROGRAM THAT IS WORKING TO CHANGE  THAT. IN THIS REPORT PROVIDED BY UCLA HEALTH, BARB CONSIGLIO SHOWS US A  PROGRAM THAT'S PRODUCING RESULTS. EIGHTH GRADER PRISCILLA AGUINAGA (AH-GHEW-NAH-GAH) IS SPINNING HER  WAY TOWARD HER GOALS... ONE RIDE AT A TIME. :05 "IN THE BEGINNING I WASN'T ABLE TO  STAY ON FOR AS LONG, AND THEN AFTER A WHILE I STARTED GAINING POWER AND STAYING ON LONGER, AND  I FELT GREAT." :08 SHE FOUND THAT MOTIVATION BY LEARNING HOW TO USE  EQUIPMENT AND FINDING PHYSICAL ACTIVITIES SHE ENJOYS IN THE U-C-L-A  HEALTH SOUND BODY SOUND MIND PROGRAM, AN INITIATIVE IN UNDERSERVED  COMMUNITIES THAT'S WORKING TO COMBAT THE GROWING PROBLEM OF  CHILDHOOD OBESITY. :11 "WHEN WE LOOK AT DECADES OF CHANGE OVER THE LAST 50 YEARS, IT'S  DRAMATIC. IT'S EXTREMELY TROUBLING. IT'S UNHEALTHY. IT HAS HEALTH CONSEQUENCES THAT ARE  NEGATIVE. IT'S SOMETHING THAT WE'D LIKE TO COMBAT IN ANY WAY POSSIBLE." :12 THE PROGRAM  TARGETS LOW-INCOME SCHOOLS WHERE PHYSICAL EDUCATION BUDGETS ARE  SHRINKING. :04  :02 EXECUTIVE DIRECTOR MATTHEW FLESOCK SAYS THE  PROGRAM DONATES THE EQUIPMENT AND TRAINS THE TEACHERS TO IMPLEMENT  THE PROGRAM AND MOTIVATE THEIR STUDENTS TO MAKE PHYSICAL FITNESS A  PART OF THEIR EVERYDAY LIVES. :09 "I THINK OUR GOAL IS THAT STUDENTS WILL FEEL CONFIDENT  AND INSPIRED TO LIVE A MORE ACTIVE AND HEALTHY LIFE; THAT'S WHAT WE WANT. WE WANT THEM TO  LEARN AT AN EARLY AGE." :09 ON AVERAGE, STUDENTS AT SCHOOLS WITH THE  PROGRAM SEE A 25 PERCENT INCREASE IN FITNESS TEST PASS RATES AFTER 8  WEEKS IN THE PROGRAM. AT PRISCILLA'S SCHOOL, NEARLY FOUR TIMES THE  NUMBER OF STUDENTS WERE ABLE TO PASS THE CALIFORNIA STATE FITNESS  TEST AFTER 8 WEEKS. BUT FLESOCK SAYS THESE STUDENTS ARE GAINING MORE  THAN JUST FITNESS. THEY'RE ALSO GAINING THE CONFIDENCE TO BUILD  HEALTHIER FUTURES. :12 "IF YOU CAN GET A STUDENT TO IMPROVE THE PERCEPTION OF THEIR  FITNESS LEVEL, OR THE PERCEPTION OF THEIR BODY IMAGE, THAT'S JUST AS IMPORTANT OF A RESULT. :07 "I  THINK I FEEL PROUD BECAUSE I FEEL LIKE I GAINED STRENGTH IN MYSELF." :03 AT UCLA HEALTH,  THIS IS BARB CONSIGLIO REPORTING.  THE UCLA HEALTH SOUND BODY SOUND MIND PROGRAM STARTED IN LOS  ANGELES ALMOST 20 YEARS AGO. IT HAS GROWN TO 121 SCHOOLS IN  CALIFORNIA, 10 SCHOOLS IN THREE OTHER STATES AND IMPACTS MORE THAN  160,000 STUDENTS EACH YEAR.  SCHOOLS ACROSS THE COUNTRY CAN USE THE PROGRAM AS A MODEL TO  IMPLEMENT WELLNESS PROGRAMS IN THEIR COMMUNITIES. 

TEASE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR ALL OF US AT AGDAY,  I'M CLINTON GRIFFITHS. HAVE A  GREAT DAY. AGDAY - BROUGHT TO YOU BY RAM COMMERCIAL - AMERICA'S LONGEST-LASTING HEAVY DUTY  PICKUPS.

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